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Bank of Maldives Introduces Digital Wallet on Mobile Banking App

Bank of Maldives today announced the launch of BML Pay wallet on its Mobile Banking app.

With the upgrade, contactless payment services and wallet-to-wallet transfer services are now available through the banking app.

With the new functionality, customers can facilitate payments through the BML Mobile Banking app with Scan to Pay for a faster and secure payment experience, or send money to friends and family using just their mobile number.

“Last year, we introduced our Mobile Banking App with a new look and extra features to provide customers secure and seamless banking experience. Today we have integrated our digital wallet and payment functions to the mobile app enabling customers to bank and pay through a single app. Customers can Scan to Pay or, if they use an NFC-enabled phone, Tap to Pay directly from the App at merchants across the country," BML’s CEO and Managing Director, Tim Sawyer commented on the change.

“With today’s upgrade, our Mobile Banking app is the only wallet customers need. Across the world, mobile based contactless payments are among the most secure and fastest modes of payments and we are proud to introduce this on our App. Our promise is to continue to invest in technology to deliver a better banking experience for our customers across the country.”

Bank of Maldives introduced the first mobile banking app to the Maldives in 2015, allowing customers to bank conveniently anywhere, anytime. Today, over 90% of the Bank’s customers use internet banking.